Crossmark Global Holdings Inc. Has $271,000 Stock Holdings in ESCO Technologies Inc. (NYSE:ESE)

Crossmark Global Holdings Inc. lessened its holdings in shares of ESCO Technologies Inc. (NYSE:ESE) by 58.4% in the third quarter, according to its most recent filing with the SEC. The firm owned 2,101 shares of the scientific and technical instruments company’s stock after selling 2,945 shares during the period. Crossmark Global Holdings Inc.’s holdings in ESCO Technologies were worth $271,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of ESE. First Horizon Advisors Inc. acquired a new stake in ESCO Technologies during the 2nd quarter worth $36,000. Innealta Capital LLC bought a new position in shares of ESCO Technologies during the second quarter worth $50,000. GAMMA Investing LLC boosted its position in shares of ESCO Technologies by 43.0% during the third quarter. GAMMA Investing LLC now owns 469 shares of the scientific and technical instruments company’s stock worth $60,000 after purchasing an additional 141 shares in the last quarter. Signaturefd LLC boosted its position in shares of ESCO Technologies by 17.9% during the third quarter. Signaturefd LLC now owns 990 shares of the scientific and technical instruments company’s stock worth $128,000 after purchasing an additional 150 shares in the last quarter. Finally, EntryPoint Capital LLC boosted its position in shares of ESCO Technologies by 2,178.3% during the first quarter. EntryPoint Capital LLC now owns 1,572 shares of the scientific and technical instruments company’s stock worth $168,000 after purchasing an additional 1,503 shares in the last quarter. Institutional investors and hedge funds own 95.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on ESE. Stephens lifted their price target on shares of ESCO Technologies from $135.00 to $145.00 and gave the stock an “overweight” rating in a research report on Friday, September 27th. Benchmark reissued a “buy” rating and set a $150.00 price target on shares of ESCO Technologies in a research report on Friday.

ESCO Technologies Trading Up 3.1 %

Shares of NYSE ESE opened at $144.30 on Monday. The stock has a market cap of $3.72 billion, a price-to-earnings ratio of 36.62 and a beta of 1.08. ESCO Technologies Inc. has a twelve month low of $96.69 and a twelve month high of $154.00. The company’s fifty day moving average is $127.95 and its 200-day moving average is $117.48. The company has a quick ratio of 1.39, a current ratio of 2.10 and a debt-to-equity ratio of 0.13.

ESCO Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Thursday, January 2nd will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.22%. The ex-dividend date of this dividend is Thursday, January 2nd. ESCO Technologies’s payout ratio is presently 8.12%.

About ESCO Technologies

ESCO Technologies Inc produces and supplies engineered products and systems for industrial and commercial markets worldwide. It operates through three segments: Aerospace & Defense, Utility Solutions Group, and RF Test & Measurement. The Aerospace & Defense segment designs and manufactures filtration products, including hydraulic filter elements and fluid control devices used in commercial aerospace applications; filter mechanisms used in micro-propulsion devices for satellites; and custom designed filters for manned aircraft and submarines.